The Russian Analytical Credit Rating Agency (ACRA) has highly rated ROSATOM's sustainability performance. It has assigned ESG-3, category ESG-B to ROSATOM, which corresponds to a very high assessment (being in the “green” zone) in the field of ecology, social responsibility and corporate governance.
The assessment of five key divisions of ROSATOM has been conducted through questionnaires, analysis of public and non-public information, including non-financial reporting and corporate governance documents, as well as interviews.
The high result is explained by the company’s favorable environmental impact and social responsibility performance compared to other similar companies, as well as by the high quality of corporate governance. ACRA also noted the company’s implementation of policies and procedures for managing key ESG risks.
A detailed press release with the ESG assessment results is published on ACRA's official website.
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Analytical Credit Rating Agency (ACRA) was established in 2015. ACRA's main objective is to provide quality rating products to users of the Russian rating market, including credit ratings and non-credit assessments. ACRA's methodologies and internal documents are developed in accordance with the requirements of Russian legislation and taking into account the best international practices in rating activities www.acra-ratings.ru.
ROSATOM has been following the sustainable development principles for many years. These principles have been incorporated in ROSATOM's long-term strategy. In 2020, the Unified Industry Policy for Sustainable Development was adopted. In October of the same year, Rosatom joined the UN Global Compact, the largest international initiative for business in the area of corporate social responsibility and sustainable development.
Russia keeps the course towards doing business with account taken of the environmental agenda and increasing social, managerial responsibility. ESG principles remain the main development trend of the country's business community. The concept of sustainable development implies efficient use of resources, harmonious development of society, being an integral part of progress. Most large domestic companies have published their ESG reports and integrated annual reports.